139 3Rd StChadron, NE 69337

Property Details for 139 3Rd St

Year built

1940

Lot size

0.09 AC

Property size (Sq ft)

3,928 SF

Zone code

03-COMMERCIAL

Property type

Medical offices

Property subtype

Medical centers

APN

230004856

APU

230004856

Description

This exceptional commercial property, located at 139 W Third Street in Chadron, Nebraska, presents a unique investment opportunity. The 4,000 square foot lot boasts highway frontage, providing excellent visibility and accessibility for any business. Currently improved with a 3,200 square foot commercially zoned office building, the property offers immediate income potential or the opportunity for redevelopment. The existing building features a welcoming reception area and display space, perfect for client interaction. Six or more additional office spaces, along with conference rooms, provide ample room for staff and meetings. Convenient amenities include handicap-accessible bathrooms and ample storage closets. A full basement offers additional storage capacity. The building is equipped with a modern Lennox gas furnace and central air conditioning, ensuring year-round comfort. The property's location in Chadron, Nebraska, zip code 69337, offers a thriving business environment. With its strategic location and versatile layout, this property is ideal for a variety of commercial uses. The asking price is $219,000. Don't miss this chance to acquire a valuable piece of commercial real estate in a desirable Nebraska location.

• CAP approach

  CAP return

  Valuation

  6%

  $938,497

  6.5%

  $866,305

  7%

  $804,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,031,445

  Geo Method

  $324,531

• Alternative Use

  Use

  Valuation

  Residential

  $1,074,218

  Hospitality

  $983,978

  Educational

  $818,658

  Medical

  $846,813

  Retail

  $1,273,468

Location Insight

City

Chadron

County

Dawes

State

Nebraska

Latitude

42.8292

Longitude

-103.001

Property Tax & Assessments

FAQs

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